Judge — September 26, 1885 — page 11: what you’re looking at

Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.

Ladies ant Gentlemen of the Grand Jury of Putkie Opinion: ‘There is urgent need for your Jury’s most | decisive action on the unlawful and" oppres- sive course of the United States ‘Treasury— a course that is as open an voritism of bond-holders as it is a piece of depredation on trade and industr: You will be apprised (1)that the Treasury professes itself embarrassed with the accu- mulation of silver in its vaults. (2). TI it has the right to pay this coin out for certain interest-bearing U. S. bonds, thus retiring them and stopping interest. (3). That instead of doing this, it has in all greenbacks under the denomi- nation of with the avowed purpose of forcing people to use silver in place of bills for small change. It will be in evidence before you that this course has had the effect to rapidly sequester all small bills and put them ata premium, while it has not materially increased the cir- culation of silver. ‘Thus the arbitrary measure is a failure as an act of compulsory use of silver, and its only effect has been that the government. has helped speculators to work & corner in small change, and fleece the public. | Never- theless this course has been persisted in by the government long after these oppressive and abortive results were apparent. Equal persistence in wrong marks the course of the ‘Treasury in its refusal to pay its bonds in silver. It will be shown to your Jury as a further evidence of bad mo- tive that while money has been steadily ac- | cumulating in the Treasury since March 4, | 1835, the Secretary has not issued one bond | call since the change of administration. is provided by law that he should do. perts will furnish your Jury estimates that if the Secretary had called bonds, as he might safely have done, it would have effect- | ed a saving to the Treasury of about eight | million dollars in interest. This sum is | continued a charge upon the Treasury for the benefit of bond-holders—as if eight mil- | lions a year were taken from the taxpayers and handed over to bondholders by the ‘Treasurer of the United States. | Your Jury, in making up its finding upon the course of the Treasury, should take ac- count of the depression and loss to the coun- try resulting from keeping out of circulation, in the Treasury, one or two hundred million dollars that might be issued for bonds, to relieve the financial stringancy that’ so afflicts trade. You will take account, | the means of compailsion—should the peop THE JUDGE. | also, of the added injury of the Treasurer’s intensifying the stringency at a time when cotton and grain crops need to be moved and fall trade is ready to revive if it had the means of doing business. Your Jury, in connection with the mo- tive of the administration will not fail to consider other and earlier evidences of the ‘Treasury’s prostitution to the interests of | bankersand bondholders—an unholy alliance between the government and a wealthy class for the benefit of the few and the injury of the many. ‘This court submits for your Jury’s con- sideration, on this business, this question: If there is to be a compulsory taking of | silver from the Treasury, should it be forced upon the people or upon the bondholders? And, asa matter of general policy, should contraction or should expansion be used as be forced to take silver by the government taking away the money they already have in use, or should the bondholders be compelled take it in payment of their claims due? Bearing upon the other question previ- ously submitted to your Jury, of trades unions, your attention is culled to two im- portant facts in the evidence before you, 1. The dignity and general praiseworthi- ness of the recent parades of Labor Unions throughout the country, 2. The skillful and successful negotiation of terms of compromise between the respec- tive authorities of the Wabash system of roads and of the Labor Unions, whereby a strike was avoided. One of these incidents furnishes your Ju of Public Opinion evidence of the commen able objects and peacable spirit of the Unions, "he other proves that organization of labor is a public benefit, as furnishing a treaty-making power on the part of Labor, whereby the inconvenience, peril and loss of strikes may be often averted. If the Labor Unions had been organized as thorough and the organization had been directed as skillfully in 1873 as now they are, the ruin and bloodshed of the former period would have been averted. All interests, corpora- tions’ not less than the public's, ‘are. pro- moted by a perfect organization of Labor for self-protection. OFF THE BENCH. Miss Wooprorp, though very fast, would not be guilty of a run-away match. | ~~ | |. Tue two racing yachts fouled and then | the Philadelphia reporters sent off their carrier pidgeons and fowled the news to headquarters. A negative proof of the truth of Bacon’s remark ‘* Reading maketh a full man,” we note the fact that the men who read the least are the ones who take the | longest to get full. Victor Heco’s pavonter is demented, the peculiar feature of her aberration being that she Lelieves whatever is told her. As Rip Van Winkle said to Hendrick Hudson | about his dumb sister: ‘‘ What a wife she | would make some man!” | | Wov tp ir peastretch of authority for the Commissioners of Emigration, when they send back idiots and paupers to Eu- | | rope to also ship New York dudes and || | dudesses to England, where they belong by | | preference and affinity Chana Hammon, of the Peace Society says that if we are to do away with hildren must not be allowed to y tin soldiers. It is probable, too, that insect- guns and baking powder are at the bottom of most domestic unpleasantness, Sam Jones say t “the Lord won't stop to criticise your grammar in a prayer.” This is conclusive in the case of prayers that are addressed to head-quarters or to || average revival audiences. But when you get around to address your prayers toa cul- |) tured Boston audience, Sammy, you'll find that they probably will fall flat—i. e., the | prayers, a BAYING AT THE MOON. comicbooks.com